Intertek Gp (OTCMKTS:IKTSY) Cut to Hold at Jefferies Financial Group

Jefferies Financial Group cut shares of Intertek Gp (OTCMKTS:IKTSY) from a strong-buy rating to a hold rating in a research note released on Monday,Zacks.com reports.

Separately, Kepler Capital Markets upgraded shares of Intertek Gp to a “hold” rating in a report on Monday, May 18th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Intertek Gp Trading Down 0.2%

Shares of Intertek Gp stock opened at $77.65 on Monday. The stock’s fifty day moving average is $75.92 and its two-hundred day moving average is $65.04. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.03. Intertek Gp has a 52 week low of $47.35 and a 52 week high of $79.56.

About Intertek Gp

INTERTEK GP (OTCMKTS: IKTSY) is a global provider of quality assurance, testing, inspection and certification services. The company helps clients across a broad spectrum of industries—ranging from oil and gas to consumer goods and electronics—ensure that their products, processes and operations meet regulatory, safety and performance standards. Its core offerings include laboratory testing, supply chain audits, conformity assessments and technical advisory services designed to support risk management and product integrity.

Intertek’s business is organized around four principal service lines: Assurance, Testing, Inspection and Certification.